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Cablevision Systems and Comcast Spotlight have hammered out a new five-year agreement to continue their joint stewardship of the New York Interconnect, a service that allows local advertisers to purchase spot TV on some 66 cable networks.
Financial terms were not disclosed. The deal keeps the New York Interconnect up and running through the end of 2014.
Launched in 1993, the NYI operates as a limited-liability company, with affiliates of Cablevision and Comcast serving as its principal members.
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